John, I have serious question for you. What were the charts saying, about A-gyp on the days following the TRRC posting about the 738 bbls? Buy, Sell or Hold?
I was fooled. I expected a nice little run, on news of production. But I suspect that serious money knew that oil in a formation, will slowly migrate to the top of saltwater, once a well is abandoned. As I recall, Prometheus had been abandoned for about 4 years.
If so, A-gyp was pumping a 4 year accumulation of oil on top of an ocean of saltwater
A-gyp may not announce any production, from Prometheus, for February. They could be letting it rest. That's common practice when producing from wells in saltwater.
B2B
| |